• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, October 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Obaseki advocates multi-dimensional diversification of economy

Economy

The Matters Press by The Matters Press
April 22, 2022
Reading Time: 2 mins read
0
CAC, Pakistani investors on economic diversification

The Governor of Edo, Mr Godwin Obaseki, on Friday called for a broad-based diversification of Nigeria’s economy, shifting away from crude oil.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Obaseki stated this while delivering a speech to declare the state’s Tourism Key Stakeholders Workshop open, at the John Odigie Oyegun Staff Training Centre in Benin City.

The governor said the COVID-19 pandemic changed the economic structure of the nation, as the country had depended on crude oil since the past 40 years of its existence.

He noted that the state was thinking out of the box, as it embraced the broad base diversification to grow and develop its economy.

Obaseki said that states across the country had continued to rely on the Federal Government allocation, adding that such was not obtainable in other climes.

He decried the fact that Nigeria had maintained the development for over 40 years.

According to him, what the nation is getting from oil access is not enough to sustain the nation, as the Federal Government in recent times, has struggled to get allocation to share amongst states.

“For us in Edo, we have come to the end of the road as we are deliberating on developing other resources to help raise revenue to develop the economy of the state.

“We have huge ecosystem to support tourism sector in the state. Tourism is not all about culture, monuments, ecotourism, business but it entails much, a whole totality and have an ecosystem that support it.

“Tourism must begin at home; it is local, we must have a strong tourism, locally base, to attract international tourist into the state.

“We have so many aspects of tourism in Edo and this workshop should in my view, enable our stakeholders to think about tourism in a much broader sense and understand the players within that ecosystem,” he said.

In his contribution, a facilitator at the stakeholders workshop, Salewa Akomolafe, said the focus of the workshop was to bring tourism development in Edo.

Tags: Economy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
SEC frowns at resurgence of Ponzi schemes

Stakeholders condemn arbitrary increase in fees by market operators in SEC

Buhari meets with governors of APC

Nigeria tackling challenges facing businesses, investments – Buhari

Recommended Stories

July petrol pump price ranges between N140.80 and N143.80

Petrol price increased by 54.76% a litre in one year – NBS

March 21, 2023
Bank of Tanzania warns against fake dollars

Nigeria attracts $30bn Foreign Direct Investment to Nigeria

March 23, 2024
TinCan Customs generates N274.32bn

MMAC Customs generates N90.43bn in 2023

January 25, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us